Unconventional , Discoveries , Technology , Drilling

Exploring Riches Under The Arctic

While few parts of the Arctic are seeing an uptick in exploration activity, most countries are making slow progress.

September 9, 2019

People , Trade

Weakened Saudi Energy Minister Must Answer To Audience Of One

Saudi Energy Minister Khalid al-Falih’s loss of status puts him under new pressure to meet crown prince’s goals.

September 6, 2019

Natural Gas , Crude Oil

Lukoil's Hydrocarbon Output Rises 2.8%

Oil production, excluding the project, totaled 42.6 million tonnes for the half year, up 1.3% year-on-year.

August 12, 2019

Crude Oil

Oil Falls On Lower Demand Outlook, US-China Trade Dispute

Oil prices fell on Aug. 12 amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand

August 12, 2019

Natural Gas , Legislation , International , Pipelines

Senate Panel Backs Nord Stream 2 Sanctions Bill

Bipartisan measure that reflects concern over Russian influence passes by 20-2 vote.

August 1, 2019

Legislation , International , Infrastructure , Construction , Pipelines

Nord Stream 2 Pipeline Takes EU To Court

Russia-led project contents that new gas rules endanger its business model.

July 26, 2019


KCA Deutag’s Wins Russian Drilling Deals Worth $168 Million

Global drilling and engineering contractor KCA Deutag’s land drilling operation has won three new contracts in Russia worth approximately $168 million on July 15.

July 15, 2019

Crude Oil , Trade , International

US Oil Exports To Ukraine Deal Another Blow To Moscow

Political pressure and incidents of contaminated crude cut into Russia’s European dominance.

July 12, 2019

Crude Oil , System Integrity

Russia’s July Oil Output Falls To Near 3-Year Low

Source says that Rosneft production is off 11% in the first 8 days compared to the June average.

July 9, 2019

Crude Oil , Trade , International

OPEC Set To Extend Oil Cuts As Iran Endorses Pact

"It’s a rollover and it’s happening,” Saudi Energy Minister Khalid al-Falih, whose country is the de facto leader of OPEC, told reporters on June 30.

July 1, 2019